MLS® ID: CV19264652
310 E Alvarado Street
Pomona, California, 91767 $1,125,000
We are pleased to exclusively offer for sale this unique 6 unit Multi-Family property nestled in the Lincoln Park Historic District of Pomona. Comprised of 1 detached(2-Bed/1- Bath SFR), 2(1-Bed/1-Bath) Units, and 3 Spacious(Studios), the subject property offers a diverse unit mix. The Craftsman Style home situated on the forefront of the corner lot embodies the historical characteristics that make this asset stand out amongst its surroundings. The detached 2-bedroom house offers a gated private backyard and its own individual utility meters. A multitude of recent capital improvements have been completed including newer kitchen counter-tops/cabinets, new flooring, new bathroom vanities/bathtubs, new copper plumbing, tank-less water heaters, e.t.c. A new investor will enjoy an above-average cap rate of 5.76% with the current rents in place.